The Thursday session was very interesting in the EUR/USD pair, as we fell significantly, reaching towards the 1.12 level. However, as we go into the later part of the day, looks as if the buyers are trying...
The Australian dollar has been less than impressive during the session on Thursday, as the market looks likely to roll over a bit from here. If you use a little bit of imagination, you can see a...
The US dollar has chomped around during the session on Wednesday, against the Japanese yen. Because of this, looks as if the market is trying to find some type of stability just above the 109 level, and...
The USD/CAD pair initially went sideways during the session on Wednesday, and even managed to drop down to the 1.3425 handle at one point. Having said that, the market then broke out to the upside after the...
The British pound had an interesting session on Wednesday as we initially went sideways at the 1.29 handle, and then shot higher. I believe that the market is trying to “front run” the election results during the...
The EUR/USD pair had a very volatile session on Wednesday, as we are trying to front run the European Union quantitative easing situation. After all, the ECB has an interest rate decision today, and that will have...
The Australian dollar exploded to the upside on Wednesday, using the 0.75 level as support. Ultimately, this was in reaction to the stronger than anticipated Australian GDP numbers, as evident by the impulsive candle initially during the...
The US dollar fell significantly against the Japanese yen on Tuesday, slicing through the 110 level, and now looks very vulnerable to further downward pressure. The 110 level should now offer resistance, and I believe that the...
The USD/CAD pair initially dropped on Tuesday, but found enough support at the 1.3450 level to bounce. We found resistance at the 1.3490 level after that, and have simply gone back and forth cents. This is not...
The GBP/USD pair initially tried to rally on Tuesday, but turned around at the 1.2950 level to fall back below the 1.29 handle. However, when I look at the market over the last several sessions, it appears...
